CRISTIANO RONALDO'S management company has published financial records showing that the Real Madrid superstar declared an income of over £190million in 2015. The move comes amidst accusations of tax evasion after a data leak contained documents that said Ronaldo hid £126m in image rights in the British Virgin Islands since 2009. But here’s the reality: Very few taxpayers go to jail for tax evasion. In 2015, the IRS indicted only 1,330 taxpayers out of 150 million for legal-source tax evasion (as opposed to illegal activity or narcotics). The IRS mainly targets people who understate what they owe. Tax evasion cases mostly start with taxpayers who:
In a rare attack of camera-shyness, Cristiano Ronaldo hid from the 200 journalists waiting outside the Madrid court where he is under investigation for tax evasion and then, having promised to make a statement, snuck back out without a word. Star Portuguese footballer Cristiano Ronaldo has accepted the punishment of a two-year suspended prison sentence and a fine of 12.1 million pounds in a tax evasion case in which he was found guilty by the Spanish authorities.
Cristiano Ronaldo smiled broadly after leaving court Tuesday despite the unwanted trip back to Madrid to plead guilty to tax fraud. The Juventus forward, who was facing charges stemming from his days at Real Madrid, spent about 45 minutes in court to sign an agreement which cost him nearly $21.6 million in fines. Portuguese soccer star Cristiano Ronaldo has reached a deal with Spanish prosecutors in his tax-evasion case, agreeing to a massive fine and a prison sentence, though he is unlikely to serve any time because he's a first offender.
LONDON -- Global soccer icon Cristiano Ronaldo has signed an agreement to pay $21.6 million in fines after he pleaded guilty to tax fraud in a Madrid court on Tuesday. The Portuguese striker, 33, now playing in Italy for Juventus, faced tax avoidance charges from his time as a player in Spain at Real Madrid. REAL MADRID. Cristiano Ronaldo tax evasion: 3.8m settlement offer rejected The Real Madrid and Portugal player's lawyers have failed in an attempt to have criminal proceedings over alleged tax evasion dropped. Cristiano Ronaldo-- the most famous athlete in the world -- has been hit with criminal charges in Spain for allegedly scheming to screw the government out of millions of dollars. Officials in Spain have filed a complaint against the Real Madrid star accusing him of stiffing the Spanish tax man out of more than $16 million between 2011 and 2014.
Spanish authorities allege Cristiano Ronaldo avoided paying $16 million in taxes from 2011 to 2014.. Cristiano Ronaldo charged with tax evasion Newsy. Loading... Unsubscribe from Newsy? Cancel Unsubscribe.. Cris Carter and Nick Wright 321,813 views. Cristiano Ronaldo is now the world's highest paid athlete. He has also been accused of tax evasion. His team, Real Madrid, has rushed to his defense, saying that it has confidence that the star did nothing wrong and will be vindicated. Cristiano Ronaldo has accepted a £16million fine and a two-year suspended prison sentence for tax evasion in Spain - local media report. Ronaldo was accused by Spanish prosecutors in June last year of defrauding tax authorities of €14.8million (£13million.)
Is Cristiano Ronaldo an international tax fraudster, or a victim of over-reaching government officials? According to Spanish prosecutors, the 32-year-old Real Madrid forward knowingly used shell companies in the British Virgin Islands, Ireland, Colombia and Panama to conceal earnings from the sale and licensing of his image rights. Hours before taking the field against Spain at the World Cup, it was revealed that soccer star Cristiano Ronaldo reached a deal with Spanish tax authorities to “serve” two years in prison and pay a $21.8 million fine in a tax evasion case, Spanish newspapers reported Friday.
Last month, tax officials said Ronaldo had adjusted his tax declarations and paid an extra €6m (£5.3m) in 2014. Ronaldo, 32, a four-time Ballon d’Or winner, is not the first high-profile footballer to find himself the target of legal action by the Spanish tax authorities. Ronaldo accepts fine for tax evasion, avoids jail. Isla Binnie. 3 Min Read. MADRID (Reuters) - Portuguese soccer star Cristiano Ronaldo was fined almost 19 million euros (16.6 million pound) for tax fraud on Tuesday but will avoid serving a 23-month prison sentence after agreeing a deal. Cristiano Ronaldo's lawyers are close to agreeing a settlement with Spain's inland revenue over charges of tax evasion, according to a report in the Spanish media on Friday evening. The 33-year-old Real Madrid footballer was accused in June 2017 of defrauding the country's tax authorities of 14.8 million euros from image rights income.
News Cristiano Ronaldo agrees to €18.8 million tax evasion fine and 'jail term' Portuguese football player Cristiano Ronaldo has reached a deal with Spanish authorities to pay a fine for tax evasion, and accept a two-year jail term. Real Madrid forward Cristiano Ronaldo has reached a deal with the Spanish tax authorities to serve two years in prison and pay an 18.8-million euro ($21.8-million US) fine in a tax evasion case, newspaper El Mundo reported on Friday. Real Madrid star and player of the Portuguese national football team Cristiano Ronaldo may be fined 8 million euros and sentenced to four months in prison for tax evasion, Cadena SER newspaper reported.
Cristiano Ronaldo paid nearly €19 million as part of deal that allowed him to avoid a jail sentence for tax evasion in Spain. Cristiano Ronaldo paid nearly €19 million as part of deal that allowed him to avoid a jail sentence for tax evasion in Spain. Euronews is no longer accessible on Internet Explorer. Portuguese soccer star Cristiano Ronaldo was fined €18.8 million ($21.6 million) for tax fraud on Tuesday, Reuters reports. Specifically, prosecutors said, he dodged taxes in Spain between 2010 and 2014, when he was playing for Real Madrid.
Media caption Football superstar Cristiano Ronaldo was all smiles as he arrived at court. Football superstar Cristiano Ronaldo has cut a deal with a court in Madrid over tax evasion charges, accepting an €18.8m (£16.6m) fine. Ronaldo is accused of ceding his image rights to a company in the British Virgin Islands so as to avoid paying tax on them in Spain. The Spanish Prosecutor claims the company set up in the British Virgin Islands was a shell company established to defraud the taxman. This tax evasion case, amid a pre-existing rape allegation, is an added spotlight being pointed away from Ronaldo’s performances on the pitch and towards his more personal affairs. Some of the biggest names in Spanish football are currently facing a number of tax evasion cases.
Cristiano Ronaldo settles €18.8m fine for tax evasion. The Juventus star was in trouble for not paying tax on his image rights. Is Cristiano Ronaldo an international tax fraudster, or a victim of over-reaching government officials? According to Spanish prosecutors, the 32-year-old Real Madrid forward knowingly used shell companies in the British Virgin Islands, Ireland, Colombia and Panama to conceal earnings from the sale and licensing of his image rights.
Spanish courts have recently cracked down on tax evasion among leading footballers. Barcelona's Lionel Messi was handed a 21-month prison sentence in 2017 on similar charges but, under Spanish law, was able to exchange the penalty for a fine. Other clients of Ronaldo's Gestifute agency have also been pursued by the Spanish tax authorities. Real Madrid forward Cristiano Ronaldo has reached a deal with Spanish tax authorities to serve a two-year suspended sentence and pay an €18.8 million ($21.8m) fine in a tax evasion case, according to multiple reports on Friday.
CRIS CROSS Is Cristiano Ronaldo going to prison and what sentence did the Portugal World Cup captain get for tax. CRISTIANO RONALDO received a verdict in his long-running tax evasion case ahead of the World Cup 2018. The. Did Ronaldo leave Real Madrid after the tax fraud case? Ronaldo signed for Juventus in July 2018 in an £88million deal. Cristiano Ronaldo, the Real Madrid football superstar, has reached an agreement with Spanish tax authorities to serve two years in prison and pay an 18.8m euro ($21.8m) fine in a tax evasion case, Spanish newspaper El Mundo reported on Friday. Paris (AFP) – Cristiano Ronaldo and Jose Mourinho could have been involved in a multimillion-euro system of “tax evasion”, according to leaked documents obtained by a number of media outlets.
Football megastar Cristiano Ronaldo appeared in court near Madrid on Monday accused of evading millions of euros in taxes, the latest player to fall foul of Spain's taxman. MOSCOW — Soccer star Cristiano Ronaldo has accepted a suspended two-year prison sentence after being accused of tax fraud by Spanish authorities and will pay $21.7 million to ensure his liberty, according to Spanish press reports on Friday.
Ronaldo is not the only footballer to have fallen foul of Spain’s tax authorities. His former Real Madrid team-mate Xabi Alonso will appear at the same Madrid court on Tuesday on a separate tax evasion charge. Public prosecutors are demanding that Alonso be handed a five-year jail sentence and pay a fine of €4 million. Cristiano Ronaldo has pleaded guilty to tax charges relating to his time at Real Madrid and accepted a suspended prison sentence. Cristiano Ronaldo tax evasion: Juventus star pleads guilty to fraud during Real Madrid spell and accepts suspended prison sentence | Goal.com
The world's highest paid athlete, Cristiano Ronaldo, has been accused of tax evasion. The Real Madrid super star reeled in $93 million last year, putting him ahead of basketball giant LeBron James and La Liga rival, Lionel Messi. Star footballer Cristiano Ronaldo will pay a 3.2 million euro ($3.7m) fine after settling a tax evasion case with Spanish authorities. Ronaldo, 33, will also be sentenced to 24 months in prison as part of the deal, officials said on Friday, though he is unlikely to serve the jail term as S panish law states that a sentence of under two years.
Ronaldo, attended court in Madrid with his girlfriend Georgina Rodriguez on Tuesday. His former Real Madrid team-mate Xabi Alonso was also in court on a separate tax evasion charge, which could lead to a five-year sentence that - unlike Ronaldo - may see him behind bars if he is found guilty. Ronaldo was accused of committing four tax evasion offenses between 2011 and 2014 in order to hide more than €150 million in income from the Spanish tax office. Last season, Ronaldo said he felt unfairly persecuted by Spanish authorities and threatened to leave Real Madrid because of it, though he was ultimately persuaded to stay.
Cristiano Ronaldo to be sentenced to two years jail and fined £2.8m over tax evasion CRISTIANO Ronaldo will be fined £2.8 million (€3.2 million) and sentenced to 24 months in prison after settling a tax evasion case with Spanish tax authorities, the prosecutor said on Friday. Real Madrid and Portugal striker Cristiano Ronaldo has reportedly settled his tax fraud charges with Spanish authorities, agreeing to pay $21.7 million, or approximately €18.7 million, to stay out of prison and receive only a suspended two-year sentence. Ronaldo’s achievement breaks the tax evasion mark set by his greatest rival, Barcelona.
Real Madrid's Cristiano Ronaldo: 'I trust in my advisers' regarding taxes Cristiano Ronaldo said in court on Monday that he had complete trust in his advisers, adding that they 'are the best' and have told him he is not guilty of tax fraud, according to a transcript that has appeared in the Spanish media. Ronaldo is accused by prosecutors in Spain of defrauding Spanish authorities of $16.4 million in tax between 2011 and 2014. Ronaldo is accused by prosecutors in Spain of defrauding Spanish authorities of $16.4 million in tax between 2011 and 2014. Sports.
Ronaldo’s former team-mate, Xabi Alonso, may require a little longer, though, in resolving his case. The ex-Liverpool midfielder also stands accused of defrauding tax authorities of approximately €2m (£1.8m) between 2010 and 2012. Once again, the charges relate to income generated from image rights. Footballer Cristiano Ronaldo has reportedly agreed to accept a €18.8m (£16.4m) fine and a suspended jail term to settle tax evasion charges. The Real Madrid and Portugal footballer, 33, was accused last year of defrauding tax authorities of €14.8m, charges he denies. Before a World Cup game against Spain, news broke that he agreed to a suspended jail sentence and $21.8 million fine on tax evasion charges. Ronaldo and the Portuguese national team played against Spain today at the World Cup.